Joe Bam gets his waiver

BoulderSooner said:
legally you can not cap endorsement pay period ...

if the NCAA tried to do that they would get crushed .....

as they did when they capped Ast coach pay and lost in court ...
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I agree. But I think the area where ncaa can go back to is using name image licenses criteria. Just cannot pay to play at school, some sort of nil requirement is needed with signing contract. Some are doing that as simple as appearances, but some agreements are not.
 
Soonerb98 said:
Not trying to be argumentative or get in the middle of anything, but in your scenario if $750k is the price where only 1 bidder is left, then yes, that is the market value for that property at that point in time. This is true by google's definition, too. That doesn't mean the market value will stay the same over time, though, which is the point you were making, as I understood it.
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By Google's definition?
I spend quite a bit of time looking into this earlier in the year.
Fair Market Value is not simply what the highest bidder will pay
 
snydrosooner said:
As a property appraiser, Fair market value, Market value, and value are all different definitions. Obviously they can sell property for as high as someone will pay that would be value or possibly market value. Fair market value takes more into play and in the described situation I would say 750k would not be fair market value. That is for property discussion. Nil and endorsements value shares some components but very different.
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That is a good point. I've been throwing out "fair market value" and "market value" out interchangably. But I believe the NIL legislation says "fair Market value" doesn't it?
 
SoonerBounce13 said:
By Google's definition?
I spend quite a bit of time looking into this earlier in the year.
Fair Market Value is not simply what the highest bidder will pay
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I agree. Market value is one bid increment over what the 2nd highest bidder will pay.
I don't think the word fair has any meaning in a market transaction, so I have nothing to add to the fair market value conversation.
 
THis is interesting too

https://www.2adays.com/blog/can-the-ncaa-cap-nil-earnings/

It’s unclear how much the caps aim to limit earnings or if this is even legal—the NCAA’s recent Supreme Court loss was an antitrust case that dealt with price-fixing, and NIL caps certainly fall under this category. However, the court’s opinion noted that “reasonable” price-fixing arrangements (e.g. scholarship limit) are necessary to the college sports industry because such measures prevent inducements and other nefarious activities by boosters and stakeholders who want to attract top athletes to their universities with monetary bribes.
Click to expand...
 
SoonerBounce13 said:
That is a good point. I've been throwing out "fair market value" and "market value" out interchangably. But I believe the NIL legislation says "fair Market value" doesn't it?
Click to expand...

in terms of that legislation "fair market value" would mean whatever someone is willing to pay ... period
 
BoulderSooner said:
in terms of that legislation "fair market value" would mean whatever someone is willing to pay ... period
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Based on what?
I already linked an article that said the court did say it is possible to essentially put caps on NIL.

Cornell Law defines the Fair Market Value as the following:

The fair market value (FMV) is the value of property as determined by the marketplace (or objective purchasers) rather than as determined by a subjective individual.
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I'm not saying I'm right, but there is plenty of gray area that it would be foolish to think NIL will continue being no limits pay for play
 
Not clear on NIL

How are they funded?

Who decides how the money is spent.

If a corporation run by an OU alum or fan creates one where is it likely to be spent and can it be used for specific players or sports.

I can't find anything in this thread that really describes it and even on the internet descriptions are incomplete and vague.
 
SoonerinNC said:
Not clear on NIL

How are they funded?

Who decides how the money is spent.

If a corporation run by an OU alum or fan creates one where is it likely to be spent and can it be used for specific players or sports.

I can't find anything in this thread that really describes it and even on the internet descriptions are incomplete and vague.
Click to expand...

it is a full free for all ..
 
It's hard to believe the NIL genie is going back in the bottle at this point. Maybe, you could have a system where NIL is pooled and distributed equally across players out of competitive balance concerns, but that's full of roadblocks too. I'm not an antitrust lawyer, but I believe courts have traditionally given sports leagues more latitude to fix prices and wages due to competitive balance concerns or justifications.
 
Soonerb98 said:
It's hard to believe the NIL genie is going back in the bottle at this point. Maybe, you could have a system where NIL is pooled and distributed equally across players out of competitive balance concerns, but that's full of roadblocks too. I'm not an antitrust lawyer, but I believe courts have traditionally given sports leagues more latitude to fix prices and wages due to competitive balance concerns or justifications.
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sports leagues can fix wages with a CBA with a Union ..

sports leagues can not fix endorsements ... that is what NIL is the money doesn't come from the league (school/conf/ncaa) and thus can't be capped or regulated with out brand new federal legislation .(and even that might not survive in court)
 
BoulderSooner said:
sports leagues can fix wages with a CBA with a Union ..

sports leagues can not fix endorsements ... that is what NIL is the money doesn't come from the league (school/conf/ncaa) and thus can't be capped or regulated with out brand new federal legislation .(and even that might not survive in court)
Click to expand...

They could go back to saying boosters can't be involved in NIL. THAT would go a long ways towards doing away with the pay to play aspect.
 
BoulderSooner said:
sports leagues can fix wages with a CBA with a Union ..

sports leagues can not fix endorsements ... that is what NIL is the money doesn't come from the league (school/conf/ncaa) and thus can't be capped or regulated with out brand new federal legislation .(and even that might not survive in court)
Click to expand...

What do you mean by "fix endorsements"? They certainly can control them to an extent.

The NFL isn't going to let Tom Brady go and get an endorsement by PLanned parenthood or something that could hurt their brand.
 
SoonerBounce13 said:
What do you mean by "fix endorsements"? They certainly can control them to an extent.

The NFL isn't going to let Tom Brady go and get an endorsement by PLanned parenthood or something that could hurt their brand.
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please show me that rule ??
 
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